Principal Reduction Program

With today's economic situation and foreclosure rate at it's highest, many people are facing the fear that they are being forced to sell their home or faced with losing their home in foreclosure.

A Loan Modification is one way a homeowner can pursue. A Loan Modification is a permanent change to a loan contract agreed to by both the lender and the borrower. The lender modifies an existing loan in an effort to help the homeowner in a time of hardship. The problem is these can be difficult to achieve and the process can take many months. After which, the homeowner finds they can still be denied. You will most often have to deal with several different departments such as, Loss Mitigation, Customer Service or Collections. From our experience these departments can be difficult to deal with. There is no communication and each phone call can bring a different answer. Nothing seems to get done properly. You will also find that even if you do get approved, you are still responsible for all of that negative loan balance. You can also receive only a slight reduction of a few dollars on your monthly payments.

The better solution is a Principle Rate Reduction. Notes will be refinanced to the homeowner at 90% of the current market value, without any repercussions. All of your negative equity will be reduced and you will receive 10% instant equity. You will also receive a lower monthly payment and a 30 year fixed rate mortgage. And you can be considered regardless of your credit.

We only deal with Wealth/Asset Management. This allows us to package up notes in bulk to make a acquisition at a very reasonable price.

Even if you are upside down, behind in payments or even in foreclosure the Rate Reduction Program is the better way to go.